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    24881 Railroad Avenue

    Newhall, CA 91321
    • $3,275,000
    • STATUS: Active
    • ON SITE: 232 days
    • ID#: SR20192990
    UPDATED: 76 min ago
    $3,275,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,967
      SQFT
    • $234
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Amazing opportunity to own the 18 unit office/retail Railroad Business Center in Santa Clarita. The property is spread across four separate buildings plus 4 garages and a very large storage unit. Good ROI at current rents. Lots of opportunity to increase performance of the building. Property setup nicely for various configurations of Owner-User if desired. Inquire for details. Parking in private lot and on street. Well-maintained property. Gentrification occurring in the area, Library, restaurants, bars, movie theater, boutique hotel. Proposed future development across the street. Great frontage on busy street. 30,000 estimated daily traffic count. Some data represented may not be accurate. Buyer to investigate to satisfy self.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T12:31:44.327. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
    www.searchsocalrealestate.com/homes/110385600
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    24881 Railroad Avenue Newhall, CA 91321

    • Price: $3,275,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: SR20192990
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    13,967
    SQFT
    $234
    $/SQFT
    1985
    Built
    Neighborhood:
    NEW1 - Newhall 1
    County:
    Los Angeles
    Area:
    NEW1 - Newhall 1
    Property Description
    Amazing opportunity to own the 18 unit office/retail Railroad Business Center in Santa Clarita. The property is spread across four separate buildings plus 4 garages and a very large storage unit. Good ROI at current rents. Lots of opportunity to increase performance of the building. Property setup nicely for various configurations of Owner-User if desired. Inquire for details. Parking in private lot and on street. Well-maintained property. Gentrification occurring in the area, Library, restaurants, bars, movie theater, boutique hotel. Proposed future development across the street. Great frontage on busy street. 30,000 estimated daily traffic count. Some data represented may not be accurate. Buyer to investigate to satisfy self.
    Exterior Features

    Lot Features Street Level

    Property Features

    Additional Parcels YN No Cap Rate 6.11 Common Interest None Electric Expense 1300 Gross Scheduled Income 290672 Insurance Expense 7854 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 2500 Net Operating Income 200010 Operating Expense 76129 Other Expense 11000 Property Sub Type Mixed Use Special Listing Conditions Standard Supplies Expense 700 Tax Annual Amount 42575 Tax Year 2020 Trash Expense 2900 Utilities Electricity ConnectedSewer ConnectedWater Connected Vacancy Allowance 14533 Vacancy Allowance Rate 5 Water Sewer Expense 700 Water Source Public

    Listing provided courtesy of Jordan Tanner of Realty Executives Homes


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-16T12:31:44.327. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
     
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    Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
    1063 W Sixth Street
    Ontario CA, 91762